I bought 50 dollars each on bitcoin eth and dogecoin now what
I bought 50 dollars each on bitcoin eth and dogecoin now what
Hello i wish i bought bitcoin back in 2011 when a friend told me too and never wanted to get into crypto always thought it was silly and always had a fear of missing out later. figured even if i start now or 4 years ago ect nothing would happen but i want to just hold and watch what happens. I will buy more later on as 50 dollars will do nothing and i got a stable job. I make 45k a year thinking of putting 200-500 a month into bitcoin. I am new to this and have no idea what i am doing but planning on holding for 10 years. I have a 3 year old and want to make money set aside for her and finally buy a house someday. Im 32 i started this late but seeing what happens.. any advice ? Is stocks better? New to all this i am just a mom trying to provide for my family Ontario is rough.
100% Agree w/ BowtiedGypsy, treat it like a 401k and consistently invest. Making good money off of a +2000% alt coin is what everyone wants but highly unlikely. Consistency is key.
If you’re wanting to shoot your shot and try your luck on alt coins, I recommend taking a small portion from what you plan to invest and use that as “fun money”. If $400’s your total a month, $375-$350 in your main investment strategy and $25-50 on alt coins.